The Court of Appeal has refused a motion by two St Ann residents who sought permission to appeal to the Privy Council for guidance on the code of conduct of Jamaican judges against whom they filed multiple challenges.The matter relates to a lawsuit filed by...
Co-chairman of the Economic Programme Oversight Committee (EPOC), Richard Byles, has urged the Government to treat with the lottery scam in as serious a manner as it is emphasising economic growth, with its establishment of a ministry specifically...
An increasing trend for Jamaicans to make deposits in United States dollars in commercial banks as well as non-bank financial institutions is a sign of the dollarisation of the local economy, according to co-chair of the Economic Programme Oversight...
Jamaica needs institutionalise the Economic Programmed Oversight Committee (EPOC) to continue scrutinising the Government’s economic and financial policies beyond the current four-year programme with the International Monetary Fund (IMF...
A 118.75 per cent out-performance in the primary surplus and a 277.5 per cent reduction in the fiscal balance were among the key macroeconomic indicators that...
Minister of Finance and the Public Service, Audley Shaw said the Jamaican government has started discussions with the International Monetary Fund (IMF) on the format of a staff monitored programme to replace the four-year...
The Court of Appeal has ordered the office of attorney general to hold off its challenge of a ruling that exempts lawyers from the Proceeds of Crime Act...
Royal Caribbean Cruises Limited and subsidiary Falmouth Jamaica Land Company have failed in their bid to deny disclosure of contractual arrangements with the Port Authority of Jamaica (PAJ), largely because they were a day late filing court...
Outgoing International Monetary Fund (IMF) resident representative, Dr Bert van Selm, believes the Jamaican Government should determine as soon as possible whether it wishes to negotiate another arrangement with the Fund to replace the current...
French outfit Kingston Freeport Terminal Limited assumed control of the Kingston Container Terminal (KCT) at midnight Friday, kicking off a 30-year concession more than year after the initial agreement was struck with Port Authority of Jamaica.All...
The Andrew Holness-led Government is working closely with the International Monetary Fund (IMF) and other international partners to tackle key roadblocks to development and help expand the private sector.In that regard, among the key reforms being...
The Court of Appeal has sided with a Supreme Court ruling that details of an email used in witness statements be removed from evidence in the trial of a lawsuit by JMMB Merchant Bank (JMMB-MB) against businessman Winston Finzi and his Mahoe Bay...
Jamaican businesses, caught unawares by the United Kingdom's vote last Thursday to leave the 28-member European Union, are now weighing the likely impact on commerce and the economy in general.Jamaica Chamber of Commerce is now canvassing its...
The International Monetary Fund (IMF) favours fiscal policies that support growth and equality over the long term, and this should not be misconstrued as being for or against economic austerity measures."Governments simply have to live within their...
Tikal Limited, which trades as Super Plus Food Stores, has filed notice of appeal against a high court ruling that it pay its former landlord $280.87 million in rent arrears linked to a lease the company walked away from seven years ago.Super Plus...
Micro, small and medium-size (MSME) enterprises sometimes find it difficult to access credit at relatively low rates from commercial banks because the banking sector is the most highly taxed section of the economy in business, according to president...
President and chief executive officer of Sagicor Group Jamaica, Richard Byles, is encouraging the Government to enlist the support of the wider private sector to invest in the business process outsourcing (BPO) sector to boost economic growth and...
Jamaica comfortably surpassed the primary surplus target in the first month of the current fiscal year as key macroeconomic indicators, including the net international...
Jamaica must reduce the public sector wage bill as part of the structural benchmarks under the economic support programme with the International Monetary Fund (IMF) if it is to get more resources to invest in productive capital projects and boost...
Lenders have reduced interest rates on non-credit card loans and extended maximum credit lines for unsecured loans in response to increased competition in the commercial-banking sector and favourable macroeconomicconditions.Those changes in lending...
Fiscal consolida-tion, one of the linchpins of Jamaica's current programme with the International Monetary Fund (IMF), has, on average, been followed by drops in growth rather than expansion, according to a new study by officials at the Fund.Fiscal...
